Frequently Asked Questions

This section is dedicated to the most common questions we are asked by our clients about moving to Morocco or arranging a Mortgage in Morocco

All loans in Morocco are linked to the purchase price and buyers are required to put down a minimum of 30% of the purchase price as a deposit. The bank is unlikely to instruct a valuation.

All loans and its repayments will be in DirhamÂ’s.

You will need to allow for bank arrangement fees which will vary from bank to bank. Notary fees for registration of the mortgage deed and mortgage tax which is taken monthly during the lifetime of the loan.

Many banks will only provide mortgages over 15 years but a few will provide terms up to 25 years. In general the shorter the term you elect for the lower the underlying interest rate will be.

Most banks will provide this facility for a period of 6 months. In certain circumstances it may be possible to get up to a 2 year repayment break.

Mortgages in Morocco are still in their relative infancy this is for both residents and non residents. The process at times may be slow and painful as the banks overall knowledge of documentation from other countries is limited. Official translations may be requested and originals required before completion.

Contact Us

If you have a query not answered on this page, please contact us via this website.

Contact IMSFind out more

Buyer's Guide

Morocco follows French law very closely so the process of buying is very similar to that of France.

Property in MoroccoRead more